Industrial and Institutional Cleaning Chemical Market – Trends and Forecasts (2014-2020) – Food Industry Driving Growth – Research and Markets
January 27, 2016 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/3fm6n2/industrial_and) has announced the addition of the “Industrial and Institutional Cleaning Chemical Market – Segmented by Type, Application and Geography – Trends and Forecasts (2014-2020)” report to their offering.
Global Industrial and Institutional cleaning chemical market was currently valued at $39.2 billion in 2014 and is expected to reach $51.4 billion by 2020 showing a compound annual growth rate of 4.6%.
Among all the regions in the world Asia Pacific is the fastest growing market, whereas North America is the largest market in terms of revenue owing to the large base of healthcare, manufacturing industries in that region.
Growth is largely fueled by increasing applications, technological advancements, and growing demand in the developing countries in Asia Pacific such as China, India due to the large setup of healthcare and Food and beverage industries.
The demand of Industrial and Institutional cleaning chemicals also rises due to increasing health awareness among people setting high standards for hygiene in their day to day life. Food industry drives the growth of cleaning chemical market as due to increasing quantities of food borne illness the industry has increased its standard in maintaining the hygiene levels of food.
Companies Mentioned:
- 3M Company
- Akzo Nobel NV
- Albemarle Corporation
- Axiall Corporation
- Barr (WM) & Company
- BASF SE
- Clariant International Limited
- Croda International plc
- Dow Chemical Company
- Eastman Chemical Company
- FMC Corporation
- Henkel AG & Company KGaA
- Huntsman Corporation
- Koch Industries Incorporated
- National Chemical Laboratories Incorporated
- Procter & Gamble Company
- Reckitt Benckiser plc
- Solvay
- Solvay SA
- Stepan Company
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Industrial and Institutional cleaning chemicals market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information visit http://www.researchandmarkets.com/research/3fm6n2/industrial_and
View source version on businesswire.com: http://www.businesswire.com/news/home/20160127006213/en/
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